I have my own mutual fund and i have joint/combined mutual fund with my wife.
when I download T-slips from CRA website, I get all T-slips, my own and joint T-slips.
1. Do I need to go and manually show 50% in your percentage.
2. There are many slips automatically downloaded from CRA, how do I know which one is comined
and which on is individual.
Yes, if it's a joint account, then you'll need to go into the slip and enter the split.
To figure out which slip is which, you'll have to compare it with the copy of the slip that you got from the issuer.
Thanks. One more question. Do I show 50 percent also on my wifes T Slip in addition to mine.
Yes you will need to include 50% on your spouse's return if you received only one combined information slip for the two of you.
Thank you for choosing TurboTax.
Thanks Admin. Just want to be clear, If I get combined slip, I need to enter 50% on both, mine and my wife's account. is this correct.
K